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Industrialization in Pakist A case of frustrated take-o

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  • JOHN H. POWER

    (Institute of Development Economics)

Abstract

Development planning in Pakistan aims at reaching the stage of self generating growth "within a measurable period of time"l. The perspective oflong-term growth outlined in the Second Five Year Plan envisages a quadrupling of national income and the achievement of a six-per-cent per annum growth rate by the end of the sixth-plan period2• This is generally taken to define the period of planned take-off into seJfsustained growth. The choice of a 30-year period is, in any case, consistent with take-off periods identified by Rostow for a number of countries, all of which fall within a range of 20 to 30 years3•

Suggested Citation

  • John H. Power, 1963. "Industrialization in Pakist A case of frustrated take-o," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 3(2), pages 191-207.
    • Handle: RePEc:pid:journl:v:3:y:1963:i:2:p:191-207
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    Cited by:

    1. Arthur MacEwan, 1971. "Contradictions in Capitalist Development: the Case of Pakistan," Review of Radical Political Economics, Union for Radical Political Economics, vol. 3(1), pages 40-57, April.
    2. Irwin, Douglas A., 2021. "The rise and fall of import substitution," World Development, Elsevier, vol. 139(C).

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